Circulars/Notifications  

 DMMD Circular No. 13 of 2012

July 19, 2012 



All Banks/Primary Dealers

Dear Sir/Madam,

TIMINGS FOR OVERNIGHT REPO/REVERSE REPO FACILITY DURING THE MONTH OF RAMZAN-UL-MUBARAK

Please refer to DMMD circular no. 17 dated October 14, 2011 regarding timings for availing SBP Overnight Repo /Reverse-Repo Facility under Interest Rate Corridor Mechanism.

  1. In this regard, it is advised that following timings will remain effective during the month of Ramzan-ul-Mubarak to intimate State Bank of Pakistan for availing overnight repo/reverse repo facility ( at floor/ceiling rate).

    Days
    Time for Overnight Repo/Reverse Repo Facility
    Monday to Thursday
    01:30 PM to 02:00 PM
    Friday
    12:00 PM to 12:30 PM

  2. After Ramzan-ul-Mubarak above timings will automatically be reverted to pre Ramzan-ul-Mubarak timings.

  3. All are advised to strictly observe the aforesaid timings.

  4. Other instructions on the subject will remain unchanged

Yours truly,

(Muhammad Ali Malik)
Director



Back to Circular Page / Home Page
 

This website is best viewed with Microsoft Internet Explorer 8

© 2011 State Bank of Pakistan. All Rights Reserved.
Disclaimer | Instructions
| Public Notice

State Bank of Pakistan
I.I. Chundrigar Road, Karachi, Pakistan.
Phone: 111-727-111, Fax: (+92-21) 99212433 - 99212436
www.sbp.org.pk